7/16/2009

Despite a second-quarter loss of $390 million, American Airlines has financing in place to take delivery of the 84 Boeing 737s it has on order through 2011, the company announced Wednesday. CEO Gerard Arpey said initial deliveries of the new, more fuel-efficient 737-800s were among the highlights of the quarter. "The new 737-800 burns about 35 percent less fuel per seat-mile than the MD-80 it is replacing, an average savings of 800,000 gallons of fuel per aircraft per year," the company noted.

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